Miami, 6 May 2026 – American Bitcoin Corp posted its second consecutive quarterly loss, underscoring the financial pressure facing cryptocurrency miners as weaker Bitcoin prices and volatile digital-asset sentiment continue to weigh on earnings.
The Miami-based Bitcoin mining company, which is linked to members of the Trump family, reported a net loss of about US$82 million for the first quarter. This followed a loss of about US$59 million in the previous quarter, showing that the company remains under pressure despite efforts to improve mining efficiency and revenue generation.
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